MasterCard Adopts Oracle Database and Real Application Clusters

Tuesday 18 May 2004 08:58 CET | News

MasterCard has implemented Oracle Database with Partitioning and Oracle Real Application Clusters at its European Headquarters in Brussels, Belgium.

The company decided on the Oracle platform after discovering it would offer improved performance at half the cost of IBMs DB2. With Oracle technology in place, MasterCards architecture now supports up to 20 million transactions per hour from a previous average of nine to 11 million transactions per hour. MasterCard decided to replace its mainframe due to its high cost and limited performance. Oracle Real Application Clusters offered the cutting edge in performance the company needed, with the full redundancy and massive scalability required to keep its competitive edge and respond to peaks and troughs in demand. MasterCard also chose Oracle over a number of other offerings on the market, because the Oracle solution offered the best price to performance ratio to meet Mastercard’s needs. Since going live, MasterCard has been able to eliminate downtime completely and meet even the most demanding of Service Level Agreements. The Oracle technology has enabled Mastercard to meet a number of its business goals. The company wanted to reduce its fees and appeal to customers conducting international transactions. With Oracle, MasterCard has been able to offer the lower fees needed to grow its customer base. The company has also decreased the amount of time needed to implement new financial message types, such as those required when a charge-back or retrieval of a transaction is necessary. Additionally, MasterCard has reduced the time it takes to develop new message types from two years to just 6 months with Oracle.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce